Entrepreneurs who land a spot on ABC's "Shark Tank" gets close to a million dollars in free advertising. If the opportunity to promote their business or products to more than 7.4 million viewers is not enough, they pitch their business to a panel of some of the best venture capital investors in the business. The pitch takes one hour but it's edited down to a 10--minute segment for the viewers.

What's the formula for winning the deal?

DigitalExits analyzed every single business pitch that aired on seasons one through five of Shark Tank to figure out what the most successful businesses and entrepreneurs looked like. They used the results of their analysis to create the infographic below.

Check it out to learn interesting statistics about the businesses that were pitched on the show, which types of businesses attracted investors the most, and what the perfect business pitch on Shark Tank actually looks like. And for more on what happens after you get a bid, check out this interview with Shark Tank contestant Christina Conrad.